Loan Processor
$150,000–$200,000 year
On-siteFort Mill, South Carolina, United States or Coppell, Texas, United States
Job Summary
Review all borrower documents, credit reports, and title information within 48 hours of receipt. Direct communication with borrowers via email and phone, returning calls within 24 hours. Analyze appraisal reports, calculate income, and order third-party services such as tax transcripts and flood certificates. Update Encompass for accurate data, clear prior-to-doc conditions, and submit complete files to Underwriter. Manage pipeline status in weekly reviews with Loan Officers and Processing Managers. Assist with closing and post-closing documentation while maintaining compliance with industry regulations.
Required Qualifications
- High School diploma or equivalent
- 4+ years mortgage experience in a mortgage processing position
- Ability to verify all elements of a 1003, credit report, title quotes, tax certs, AUS, and mortgage Insurance
- Working knowledge of conventional and government loan programs
- Strong organizational skills, attention to detail and work in a high volume & ever-changing mortgage industry
- Knowledge of consumer regulations—RESPA, TILA, TRID, HMDA, ECOA and all Fair Lending laws
- Ability to work overtime when needed
- Excellent communication and rapport building skills, promoting productive working relationships
- Maintain sense of urgency
- Maintain a level of professionalism when communicating with external clients
- Ability to effectively communicate across multiple departments-originations, underwriting, secondary, processing and closing
- Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the public
- Proficiency in Encompass LOS
- Ability to readily learn and operate effectively in other business technology applications
Desired Qualifications
- Associate degree
- Encompass experience
- Advanced working knowledge of Word and Excel
- Working in fast-paced, high tech, and business paperless environment
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.